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Ryman Healthcare Limited (ASX:RYM)

ALERT: Price-sensitive ASX Announcement for RYM
Current share price for RYM : $1.765 -0.015 (-0.84%)+
Announcement
Release
14 Jul 2026 7:30AM
Price at Release
$1.780
Full Release
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Summary
Ryman Healthcare Limited reported a strong performance in its first quarter trading update for FY27, with 325 sales of retirement living occupation right agreements, including 265 resales and 60 new sales. The company noted a 7% increase in resales volumes compared to the previous year, despite external global impacts on the housing market. Demand for Ryman’s aged care services remains robust, with mature care centres maintaining a 96.1% occupancy rate and an average incoming refundable accommodation deposit value in Australia exceeding A$750,000. Ryman continues to target a $500 million cash release by FY29 and plans to deliver 157-168 new retirement living units and aged care beds by the end of the financial year.
Key Points
  • Ryman Healthcare reported 325 sales of retirement living occupation right agreements for Q1 FY27.
  • Resales volumes have increased by 7% despite global housing market impacts.
  • New sales stock reduced by 65 units to 414 units in Q1 FY27.
  • Strong demand for aged care with 96.1% occupancy in mature care centres.
  • Average incoming refundable accommodation deposit value in Australia exceeds A$750,000.
  • Ryman aims to increase resale volumes to match turnover by the end of FY27.
  • Continued progress towards FY29 cash release target of $500 million.
  • Sales strategies effectively supporting demand for serviced apartments.
  • Company on track to deliver 157-168 retirement living units and aged care beds in FY27.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.